TikTok’s Fate Coming to a Head
This weekend could be pivotal for TikTok and its partners, who are working to avert a looming U.S. ban on downloads of the popular video-sharing app and see through a deal that meets the approval of the American and Chinese governments.
A week after that preliminary deal was struck, it is still hard to predict what happens next. TikTok and other participants are continuing to fine-tune the agreement, in which it would partner with
to become a U.S.-based company with its data secured by Oracle. TikTok also is working in the U.S. courts to win an emergency order blocking a Commerce Department ban on app downloads—which, if the company fails, would take effect Sunday…